You want to convert your ledgers in up to three possible currencies with the changeover package.

Each ledger can be kept in up to three currencies:

• Document currency (transaction currency)
• Two other currencies you define, such as group currency and company code currency for local ledgers or global company currency for global ledgers.

To learn more about the requirements you must complete prior to the changeover to the euro, in the Implementation Guide (IMG) see Preparation in Special Purpose Ledgers (FI-SL).

Reconciliation operations take place in the cleanup phase after the changeover to the euro.

The question of whether a separate reconciliation is necessary for a ledger depends on how you use the ledger:

• If your ledger contains only purely statistical additional information for certain nodes or cost centers, no further reconciliation is required.
• If you create your balance sheet and income state with this ledger, a separate reconciliation is necessary. Ledger OF for cost of sales accounting (table GLFUNCT) is an example of a balancing ledger.

Only the current fiscal year - i.e., the year in which the changeover to the euro takes place - is reconciled. The prerequisite for reconciling the current fiscal year is that you have carried forward the balance for the ledger from the previous fiscal year before the changeover to the current fiscal year.

For performace reasons, you should generally only reconcile those ledgers for which reconciliation is absolutely necessary.

You can find more information in the Implementation Guide (IMG) under Cleanup in Special Purpose Ledgers (FI-SL).

The following restrictions apply to the changeover to the euro in the Special Purpose Ledger (FI-SL) component:

• The only component with which reconciliation takes place is the general ledger (FI-GL) component.
• Only the current fiscal year is reconciled with the general ledger (FI-GL).
• Planning data is not reconciled.
• FI-SL summary records are not reconciled with FI-SL line items. In other words, the total for line items with a given account assignment may differ from the amount of the summary record with the same account assignment. This is a result of rounding differences during the changeover to the euro. When you view the line items that belong to a summary record, the information message "The balance is not equal to zero" appears. At the start of the new fiscal year, the difference disappears.
• Archived data in an old currency must not be reloaded into the system after you have performed the euro conversion. Were you reload archived data, no conversion would take place, and the old currency amounts would be entered into the euro data fields.